NOT LISTED FOR SALE

20840 Mountain Lake Terrace Germantown, MD 20874

Estimated Value: $493,558 - $530,000

3 Beds
2.5 Baths
1,920 Sq Ft
$264/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $477,000 $248 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,204/month

9 Days on Market

Highlights

  • Colonial Architecture
  • Fireplace
  • No Interior Steps
  • Dr. Martin Luther King, Jr. Middle School Rated A-
  • 1 Car Attached Garage
  • Brick Front

About This Home

As of June 2023

Welcome home to this upgraded and move-in-ready townhouse located in the desirable Cloverleaf community of Germantown. With a charming brick front, this 3-bedroom, 2.5-bathroom residence exudes both style and comfort.
As you step inside, you'll be greeted by an inviting open floor plan that creates a seamless flow throughout the home. Recently upgraded, this property boasts brand new HVAC, a new garage door opener, fresh paint, new floors, and new carpeting throughout, ensuring a modern and inviting atmosphere.
The garage level offers convenience and functionality with a dedicated laundry room, garage access, and an open living room that leads to the private yard. This backyard oasis is perfect for entertaining guests or enjoying a delightful barbecue.
Moving up to the second level, you'll discover a bright and spacious layout featuring a cozy living room, an elegant dining area, and a well-appointed eat-in kitchen. The kitchen has been updated with sleek granite countertops, a stunning backsplash, and new stainless-steel appliances, including a gas range. Additionally, the living room features a charming fireplace and provides access to a large deck, perfect for enjoying your morning coffee or evening relaxation.
On the third level, you'll find three generously sized bedrooms and two full bathrooms, including a luxurious primary suite. The primary suite offers a walk-in closet and a beautifully updated ensuite bathroom featuring double sinks and a shower room. Each bedroom provides ample space for personalization and comfortable living.
This townhouse also offers plenty of visitor parking and is ideally situated just seconds away from major commuter routes and public transit, making your daily commute a breeze. Local schools, parks, and playgrounds are all within close proximity, ensuring convenience and accessibility for families. Additionally, you'll find an array of shopping, dining, and entertainment venues just minutes away.
Don't miss the opportunity to make this impressive townhouse your own. Schedule a showing today and envision yourself living in this remarkable home in the sought-after Cloverleaf community.

Last Agent to Sell the Property

xin chen

(301) 633-8168 xinchenpro@gmail.com Independent Realty, Inc License #664753 Listed on: 05/27/2023

Last Buyer's Agent

Natalia Winffel

(240) 994-2438 Nwinffel@gmail.com Samson Properties License #657242

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,280

Year Built

  • Built in 1998

Lot Details

  • 3,311

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • 1,920 Sq Ft Home
  • Property has 3 Levels
  • Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms

Accessible Home Design

  • No Interior Steps

Schools

  • Waters Landing Elementary School
  • Martin Luther King Jr. Middle School
  • Seneca Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160203228164

Community Details

Overview

  • Association fees include lawn care front, snow removal, trash
  • The Management Group Associates Condos, Phone Number (301) 948-6666
  • Cloverleaf Townhomes Subdivision

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,280

Year Built

Built in 1998

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: No Stairs
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 249.48
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 150.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Management Group Associates
  • Condo Co-Op Phone: (301) 948-6666
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: WATERS LANDING
  • High School: SENECA VALLEY
  • Middle Or Junior School: MARTIN LUTHER KING JR.

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 311500.00
  • Land Assessed Value: 133500.00
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14071754
  • Tax Annual Amount: 4280.00
  • Assessor Parcel Number: 160203228164
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Jun 21, 2023
Sold by
Well Estate Llc
Bought by
Pollard Sarah Vawn
Seller's Agent
xin chen
Independent Realty, Inc
Buyer's Agent
Natalia Winffel
Samson Properties
List Price
$458,000
Sold Price
$477,000
Premium/Discount to List
$19,000
4.15%
Views
258
Current Estimated Value
$500,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,222
Avg. Annual Appreciation
2.54%
Original Mortgage
$391,140
Outstanding Balance
$380,681
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$126,959

Purchase Details

Listed on
May 27, 2023
Closed on
Apr 26, 2023
Sold by
Crum Lisa R
Bought by
Well Estate Llc
Seller's Agent
xin chen
Independent Realty, Inc
Buyer's Agent
Natalia Winffel
Samson Properties
List Price
$458,000
Sold Price
$477,000
Premium/Discount to List
$19,000
4.15%
Views
258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,140
Outstanding Balance
$380,681
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$126,959

Purchase Details

Closed on
Jun 24, 1998
Sold by
Nvr Homes Inc
Bought by
Crum Lisa R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pollard Sarah Vawn $477,000 First American Title
Well Estate Llc $300,000 None Listed On Document
Crum Lisa R $142,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pollard Sarah Vawn $391,140
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2023 06/20/23 Sold $477,000 -0.4% $248 / Sq Ft
06/04/2023 06/04/23 Price Changed $479,000 +4.6% $249 / Sq Ft
05/27/2023 05/27/23 For Sale $458,000 -- $239 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,173 $445,000 $133,500 $311,500
2024 $5,173 $415,000 $0 $0
2023 $4,808 $385,000 $0 $0
2022 $2,861 $355,000 $106,500 $248,500
2021 $3,409 $343,333 $0 $0
2020 $3,257 $331,667 $0 $0
2019 $6,229 $320,000 $96,000 $224,000
2018 $3,382 $313,333 $0 $0
2017 $3,366 $306,667 $0 $0
2016 -- $300,000 $0 $0
2015 $2,902 $293,333 $0 $0
2014 $2,902 $286,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2094526

Bright MLS

APN: 02-03228164